Albert Hirschman

Albert Hirschman

economist Unknown

Albert Hirschman was a renowned economist and social scientist, known for his influential works on development economics and political economy. His theories, particularly those regarding 'exit, voice, and loyalty', have shaped discussions on how individuals and societies respond to change and crisis. Hirschman advocated for the importance of incrementalism in achieving social progress, arguing that small, thoughtful changes can lead to significant improvements over time.

Born on Apr 30, 1915 (110 years old)

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United Kingdom United Kingdom: As the economist Albert Hirschman put it: 'It is the poverty of our imagination that paradoxically produces images of ‘total’ change in lieu of more modest expectations.' 6

The Guardian: The threat of Trump is vast. But don’t underestimate incremental change | Michael Brownstein